It's official! Prince Harry and Meghan Markle are engaged and the soon-to-be princess showed off her sparkly engagement ring today at a London photo call where ravenous media and Royal-watchers ate up the spectacle. An American princess!

The Suits actress, 36, wore a lovely winter white coat and ankle-lace heels while the prince, 33, wore a blue suit for the occasion.

Markle flashed her engagement ring which features diamonds from a brooch that belonged to Princess Diana. Harry told reporters he knew Markle was "the one" from the moment they met and confirmed that his proposal was "romantic."

Earlier on Monday, the Royal family announced the couple's engagement: "His Royal Highness the Prince of Wales is delighted to announce the engagement of Prince Harry to Ms. Meghan Markle,” read a statement on behalf of Harry’s father, Prince Charles. “The wedding will take place in Spring 2018. Further details about the wedding day will be announced in due course."

The statement confirmed that Harry popped the question earlier this month and it has been confirmed that Harry asked Markle's parents for their daughter's hand in marriage as well as seeking the blessing form Queen Elizabeth II.

The couple will live in Kensington Palace's Nottingham Cottage, just a short distance from Prince William and Duchess Kate's home. "We are very excited for Harry and Meghan,” William and Kate said in a statement this morning.

Meghan and Harry met in July 2016 and made their first public appearance together at the Invictus Games this past September in Toronto where Markle was living. The actress recently announced her departure from the show Suits after the series wrapped its final season episode earlier this month. She immediately departed Canada for London to start her new life.